000 01563pab a2200205 454500
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040 _cWelingkar Institute of Management Development & Research, Mumbai
_aWelingkar Institute of Management Development & Research, Mumbai
041 _aENG
082 _a
_bOtt
100 _aOtter Thomas
245 _aIntegrated Model of Discrete Choice and Response Time
250 _a5
260 _a
_bOct 2008
_c0
300 _a593-607 Pp.
490 _vXLV
520 _aComputer and Web-based interviewing tools have made response times ubiquitous in marketing research. Practitioners use these data as an indicator of data quality, and academics use them as an indicator of latent processes related to memory, attributes, and decision making. The authors investigate a Poisson race model with choice and response times as dependent variables. The model facilitates inference about respondents' preferences for choice alternatives, their diligence in providing responses, and the accessibility of attitudes and the speed of thinking. Thus, the model distinguishes between respondents who are quick to think and those who are quick to react but do so without much thought. Empirically, the authors find support for the endogenous nature of response times and demonstrate that models that treat response times as exogenous variables may result in misleading inferences.
650 _aResponse Time, Choice Model, Bayesian Analysis
856 _uhttp://192.168.6.13/libsuite/mm_files/Articles/AR10148.pdf
906 _a29450
999 _c30000
_d30000